THE POSITIVE

IMPACT OF GOV'T
SPENDING ON
GDP CITED
The Bureau of treasury (DTr) ay
rineportahan ng monday ang 17.5
percent of year-of-year jump o pag
taas ng government expenditures
huling septeymbre to 412.4 billion
na mas mataas pa kaysa sa 231
billion pesos in revenues. ito ay nag
resulta ng 30.6% jump sa budget
gap natin to 180 billion of total. Na
nagdala ng unang siyam na buwan
na budget deficit natin tp 1.139
billion na mababa pa sa 1.425
trillion na nakaprograma para sa
panahon. with ING Bank senior
economist Nicholas mapa na
inihala ang year-on-year jumps ng
expenditures at revenues huling
septyembre ay sinabing: "rising
revenues show that the economic
activity is improved compares to
the same period last year".